According to Odaily, Gnosis DAO has proposed a plan to fund a USDC incentive program by distributing 8000 GNO tokens. This proposal comes as a response to the issue that the USDC tokens on the Gnosis chain do not meet the bridging token standards set by Circle in November 2023. The community hopes to resolve this standard issue through the incentive program, which will continue until USDC is natively issued on Gnosis.
The Gnosis DAO's proposal is a strategic move to align the USDC tokens on its chain with the standards set by Circle. The incentive program, funded by the distribution of 8000 GNO tokens, is expected to encourage the community to work towards resolving the standard issue. The program will run until the USDC tokens on the Gnosis chain meet the required standards and are natively issued on the platform.
This initiative underscores the importance of maintaining compliance with established token standards, particularly for bridging tokens. It also highlights the proactive steps taken by Gnosis DAO to ensure that its operations align with these standards. The proposed incentive program is a testament to the organization's commitment to fostering a compliant and efficient blockchain environment.